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Alternate Contribution Stabilization Program
… Laws of 2013) established an alternative to the original Contribution Stabilization Program (CSP) enacted in 2010. Like the original program, the Alternate …
https://www.osc.ny.gov/retirement/employers/alternate-contribution-stabilization-programAnnual Wage for New Tier 6 Employees
… When you hire new Tier 6 employees, NYSLRS uses their annual wage to determine the Tier 6 member contribution rates that you must apply to their earnings. One …
https://www.osc.ny.gov/retirement/employers/annual-wage-new-tier-6-employeesFiling for Retirement – When Employees Retire
… Employees must file a retirement application in order to start receiving their pension. Retirement Online … As an alternative to Retirement Online , employees can mail a paper application, available on our Forms page . … you their completed retirement application or other NYSLRS form, please forward it to us immediately by email, fax or …
https://www.osc.ny.gov/retirement/employers/when-employees-retire/filing-retirementDiNapoli: Waiving Waiting Period for Public Workers' Retirement Protects Families During Pandemic Crisis
… Order in order to safeguard benefits for families who may lose a loved one to COVID-19 before their service … must wait 15 days before their service retirement date is effective. This window exists to give the member time to … the current state of emergency through May 16. Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2020/04/dinapoli-waiving-waiting-period-public-workers-retirement-protects-families-during-pandemic-crisisThe Ex-spouse’s Payments – Divorce and Your Benefits
… all required documents before the member’s retirement, payments to the ex-spouse will begin as of the member’s … before the member’s retirement date to avoid delays in payments to the ex-spouse. If the member is already receiving … at the time the final DRO is submitted, the ex-spouse’s payments will begin after we calculate their distribution. …
https://www.osc.ny.gov/retirement/members/divorce/ex-spouses-paymentsNew York State Common Retirement Fund
… New York State Common Retirement Fund The New York State Common Retirement Fund is one of the largest public pension plans in the United States, …
https://www.osc.ny.gov/common-retirement-fundVacating Orders – Divorce and Your Benefits
… note that the court may have additional requirements for the contents of a Vacating Order. Rev. 2/23 …
https://www.osc.ny.gov/retirement/members/divorce/vacating-ordersEstimate Your Pension
… on the salary and service information we have on file for you. Creating an estimate is easy. Sign in to Retirement … Enter different retirement dates and beneficiaries to see how they affect your potential benefit; Adjust your earnings … enter information. You can sign in to Retirement Online to find your tier and benefit plan listed under ‘My Account …
https://www.osc.ny.gov/retirement/members/estimate-your-pensionMetropolitan Transportation Authority - MTA Bus Company
All agency audits from 2009 to present.
https://www.osc.ny.gov/files/state-agencies/audits/zip/metro-transport-authority-mta-bus-company.zipInspecting Highway Bridges and Repairing Defects
… highway bridges and addressed related deficiencies in a timely manner as required by State and federal laws. Our … and related repairs to correct flag deficiencies in a timely manner as required by State and federal …
https://www.osc.ny.gov/state-agencies/audits/2013/11/08/inspecting-highway-bridges-and-repairing-defectsRetirement Planning
… The resources below will help you. You can estimate your pension, learn about your NYSLRS benefits and find tips on financial planning for retirement. … Retirement is a big …
https://www.osc.ny.gov/retirement/members/retirement-planningNYC Budget Is Balanced but Risks Are Growing
The New York City Mayors preliminary executive budget for FY 2020 is balanced but there are risks including proposed drops in state assistance potential federal budget cuts and slower economic growth according to a report released today by New York State Comptroller Thomas P DiNapoli
https://www.osc.ny.gov/press/releases/2019/03/nyc-budget-balanced-risks-are-growingEmployer's Guide - Section 1: About NYSLRS
The Employer’s Guide is a resource for the benefit and payroll staff of NYSLRS’ participating employers to help them do their Retirement System-related work.
https://www.osc.ny.gov/files/retirement/employers/pdf/employers-guide-section-1.pdfComptroller DiNapoli Releases State Audits
… of Children and Family Services (OCFS), Controls Over Cash Advance Accounts (2013-S-52) Auditors found that at one OCFS facility, cash receipts from a small café, which is part of a training … to the state. … Auditors found that at one OCFS facility cash receipts from a small café which is part of a training …
https://www.osc.ny.gov/press/releases/2014/05/comptroller-dinapoli-releases-state-auditsThe Big Picture – What Every Employer Should Know
… Fund’s asset growth. Approximately $186.6 billion was paid in benefits from April 1, 2002 through March 31, 2022. How …
https://www.osc.ny.gov/retirement/employers/partnership/big-pictureState Comptroller DiNapoli Releases Audits
… education services to children with disabilities who are between 3 and 4 years of age. For the fiscal year ended …
https://www.osc.ny.gov/press/releases/2022/04/state-comptroller-dinapoli-releases-auditsParticipation in the Program – Contribution Stabilization Program
… in which their graded rate falls below their average rate. When this happens, the maximum amount they are eligible to … Albany, NY 12244-0001 Your withdrawal from the program is subject to review and approval by NYSLRS. Withdrawal will … rate) in fiscal year 2025 (for your bill that will be due in February 2025). Beginning with that invoice and going …
https://www.osc.ny.gov/retirement/employers/csp/participation-programFiling the Resolution – Reporting Elected and Appointed Officials
… You can use Retirement Online to electronically file the information that is listed on your Resolution instead of mailing the paper form to NYSLRS. By submitting the information through Retirement … the board clerk or secretary, and it must include a raised seal and affidavit of posting. Rev. 5/22 …
https://www.osc.ny.gov/retirement/employers/reporting-ea-officials/filing-resolutionForms
… please go to the Retiree and Beneficiary Forms section. Retirement Online now offers more services and time-saving … active members only. If you are retired and receiving a pension (and have retired under payment option ½, 1, 5-Year …
https://www.osc.ny.gov/retirement/formsBorrowing Against Your Contributions – Career Plan
… retire. The amount of your annuity reduction will be based on your age, the loan balance at retirement and type of … pay off your loan once you retire. The amount of your pension reduction will be based on your age, the loan balance … is lower because repayment of the total amount is spread out over another five years. The taxable amount of a …
https://www.osc.ny.gov/retirement/publications/1642/borrowing-against-your-contributions